BESSENT-NOMICS?

Scott takes a page out of Robert Rubin's 1990s playbook (and why it probably won't work)

Remember all the worry that Trump would meddle with the Federal Reserve? We were only a few days into his current administration when Trump said:

…“demand that interest rates drop immediately” and that he understands monetary policy “much more” than the central bank and its leader, Chair Jerome Powell. He has also advocated that Powell be fired, though …